Homework Saved Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicat Required information Trey Monson starts a merchandising business on December 1 and enters into three inventory purchases: Purchases on December 7 Purchases on December 14 Purchases on December 21 10 units @ $ 6.00 cost 20 units @ $12.00 cost 15 units @ $14.00 cost Required: Monson sells 15 units for $20 each on December 15. Assume the periodic inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the weighted average method. (Amounts to be deducted should be indicated with a minus sign. Round cost per units to 2 decimals.) Answer is not complete. Periodic Weighted Average Inventory on hand Cost of Goods Sold # of units Cost per unit Inventory Value # of units sold Cost per unit Cost of Goods Sold Purchase - December 7 10$ 20 OS 6.00 $ 12.00 14.00 60 240 210 15 Purchase - December 14 Purchase - December 21 Available for Sale December Sales 45 45 X 16.00 X 510 720 1,230 Total 90 $ 0 0 S 12